Seagate Technology Inc. Layoffs

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Topics regarding layoffs at Seagate Technology Inc.

1. Hiring a new CEO

GoPro founder and CEO Nick Woodman can't be ousted, since he's the top shareholder and still owns about a third of the company's shares. But under Woodman's leadership, GoPro leapt into new markets -- like media content, VR, and drones -- without... read more
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448 views | 2 replies (last )

Shakopee: Layoffs Continue

SHK had another round of layoffs this week, primarily focused on engineering and some significant upper management. This was a smaller layoff, similar to the Christmas Layoff - about 15 people. There is no end in sight to the trickle of random... read more
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1177 views | 7 replies (last )

Lower management is as bad

In my division, all management is bad. Ask employees work hard and be innovative. They will try to hire their friends and let go the people speaking the loudest.
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934 views | 4 replies (last )

More Engg Layoffs

This is not a rumor, more engineering layoffs are happening (on top of Dec announcement) in US and India...not on a large scale but the fact that all of them are happening in R&D engg teams (who are supposed to develop future products for Seagate)... read more
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1927 views | 8 replies (last )

Like Watching Rome Fall

One only has to read a sad review like this one to crystallize your purpose: / After reading this, there are three options: 1) Do nothing different. Watch all your... read more
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2187 views | 26 replies (last )

New hires, travel, and focal increases on the rise!

Can only mean one thing: The same upward trend we are seeing in the business market is impacting Seagate in a postive way. Got a kid on the way and now me and the wifey are thinking of looking for a house in the suburbs. I'm so happy that I want to... read more
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1836 views | 10 replies (last )

It's all about the Divie

It formula is simple. Generated Revenue - costs / shares. When this is projected to get anywhere close to the $0.63, assume more cuts. The management made a calculated (and a bit criminal IMO) decision to go to a 63 cent dividend a few years ago when... read more
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3422 views | 26 replies (last )

Is it true?

I am hearing that there are no longer any VP's in the OKC location. That they are trying to close 101/102 and out source IT and technical support? Mostly hear about IT at this point but nothing about the tech support side of things.
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1477 views | 3 replies (last )

Happy Holidays

Let’s continue the subject after the new year. Remember HDD is like stamp, it’s glorious days have passed and it won’t extinct like pony express or floppy drives. I would say DVD and blue ray, but I think they will go away in 10 years.
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1177 views | 5 replies (last )

600 worldwide RIF incoming

Likely done by the end of the holidays. From Nygaard's mouth.. NRM is not finished (after being questioned if only IT was getting the axe) Good luck everyone!
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2552 views | 10 replies (last )

Seagate Management

"Only the mediocre are always at their best." - Jean Giraudoux
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2426 views | 11 replies (last )

DInner & Dance MBS Singapore

Who said we going downhill. We still got many funds to date. Even hold two Dinner & Dance MBS Singapore, one of the most prestigious hotels. We going strong even in the next decade to go ..........
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1491 views | 9 replies (last )

2018 Layoffs: Continuing as Planned

The next wave of layoffs is in March 2018... Another wave is in June right after the US Data Center move from OKC to Shugart is finalized
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1708 views | 2 replies (last )

Whereabouts of $0.7B from WD

Reading these posts about Seagate 'saving' $65M by more layoffs reminded me of another cash windfall. Anyone knows if Seagate ever recieved 0.7$B or so from an old lawsuit against WD and S. Mao?
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461 views | no replies

DH layoffs

When is it? I head March 2018? My manager is aware of it. But he is quiet.
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447 views | no replies

More layoffs this week

I've been hearing and reading rumors that we can expect more layoffs this week. Anybody knows where the info came from and if it's reliable? It takes special kind of cruelty to leave people without a job this close to Christmas, but to be completely... read more
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3649 views | 15 replies (last )

A story

A long time ago there was a company that built cheap television sets, the way this company did it was to take an expensive high end television and start clipping out components until the TV didn’t work anymore, they would reattach the last component... read more
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2009 views | 9 replies (last )

Whose brilliant idea was this?

Seriously, who thought that the best way to save a company is to pretty much get rid of its local IT department? I've worked for a company before where all IT related matters had to be resolved through a department in another country. It was a total... read more
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1983 views | 4 replies (last )

Almost all US IT staff later off today

Seagate has laid off the majority of IT staff in North America today and will be relying on Singapore to provide all infrastructure support.
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2280 views | 4 replies (last )

wow

Surprised to come here and not see any word from or about OKC today.
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2002 views | 5 replies (last )

STST LAYOFFS

Seven IT staff let go this morning so don't think we will be ok for the holidays.
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2370 views | 7 replies (last )

Safe for the holidays?

I see all the rumors regarding layoffs are focusing on January through March period. Does this mean we are at least safe for the holidays? It'd be nice to be able to relax, at least for a few weeks. After that, I'll be recharged enough to start... read more
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2015 views | 5 replies (last )

NoITnoproblem

Idiot VP tried to outsource IT last month. Want new company to do it all with 4 employees, no OT and only Mon thru fri. Company being interviewed pretty much laugh in his face. But....but...but we're Seagate was the VPs reply. Lol
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1269 views | 1 reply ()

Quit

Most employee s have already quit. They just show up for the paycheck. No one really holds anyone accountable anymore. Good place to surf the internet all day and work on outside projects such as homework, class projects, and proving the flat earth... read more
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3439 views | 18 replies (last )

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